Examples of Rentable Area in a sentence
The Base Rent for the Premises for the Fourth Extension Term has been calculated on the basis of 4,500 square feet of Rentable Area.
Tenant’s Rentable Area is hereby stipulated to be rentable square feet.
The stipulated Tenant’s Rentable Area shall be binding upon the parties, whether the same should be more or less as a result of minor variations resulting from actual construction and completion of the Premises for occupancy so long as such work is done in accordance with the terms and provisions hereof.
If this Lease is not terminated in its entirety then it shall terminate only as to the portion of the Premises taken and Basic Rent and Tenant’s Proportionate Share shall be adjusted to reflect the new Rentable Area of the Premises and/or the Building.
The “Rentable Area” shall be as defined by Landlord, provided that the amount of space constituting the Rentable Area shall not be altered or modified during the Fourth Extension Term.